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Tuesday, July 12, 2011

One of the easiest ways to scare people about something (eg. a price on pollution) is to say that it will make everything more expensive (and to avoid mentioning that these increases will be barely noticeable). Here's just a portion of the ABC's graphic showing how miniscule the effect on food will really be.

For all the hysteria about food prices going up, a quick fact or two quick brings us back to reality. Seriously, are we really going to notice the difference between paying $3.60 and $3.62 for a loaf of bread?